Richard Fairbank is the co-founder, Chairman, and CEO of Capital One Financial Corporation, a major American bank holding company specializing in credit cards, auto loans, banking, and savings accounts.
Early Life
Richard Dana Fairbank was born on September 18, 1950, in California. He attended Stanford University where he earned a bachelor's degree in economics, and later received an MBA from the Stanford Graduate School of Business.
Personal Life
Richard Fairbank is married to Chris Fairbank, and they have eight children. The family resides in McLean, Virginia. He is known for his philanthropic efforts and support of educational institutions.
Professional Life
Richard Fairbank co-founded Capital One in 1988. Under his leadership, the company grew to become one of the largest banks in the United States, known for its innovative approach to credit and data analytics. He has been recognized numerous times for his contributions to the banking industry.
What Are Richard Fairbank's Notable Achievements?
Richard Fairbank has been named to Forbes' list of America's Most Powerful People and has received several awards for his leadership and innovation in the financial services industry.
Has Richard Fairbank Been Involved in Any Scandals?
In 2020, Capital One was fined $80 million in relation to a data breach that occurred in 2019, exposing the personal information of over 100 million customers. Richard Fairbank and the company faced scrutiny over their data security practices.
Interactive poll: Is Richard Fairbank a millionaire?
Yes: 842
No: 114
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